26401 Novi Rd
Novi, MI 48375
Novi Crescent Plaza | Class A Retail Location · Retail Property For Sale

The Jonna Group of Marcus & Millichap is pleased to present the exclusive listing for Novi Crescent retail plaza located in Novi, Michigan, one of the fastest growing cities in the state. This high-image retail plaza is comprised of 10,000 square feet and built in 2013. The property is 100% occupied to include notable tenants Qdoba, Blaze Pizza, and Verizon Wireless (Corporate) all operating on NNN leases. The plaza is located within the busy and dense retail corridor, amongst significant residential communities with over 64,000 households in a five-mile radius and over 153,000 people in a five-mile radius. The subject property is strategically located on the southwest quadrant of Novi Road and Interstate 96, with combined daily traffic counts of over 163,000 vehicles traveling per day. The site is located on the hard signalized corner and adjacent to the main entrance to Novi Town Center, a 150-acre open-air center owned by Simon Property Group, that includes a 12.8-acre Walmart Supercenter, Hobby Lobby, TJ Maxx, Bath & Body Works, Ulta Beauty and many more. Additionally, the property sits adjacent to notable hospitality flags such as DoubleTree by Hilton, Courtyard by Marriott, TownePlace Suites by Marriott and Homewood Suites by Hilton. The subject property is located in Novi, Michigan, approximately 25 miles northwest of the center of Detroit, and about 8 miles west of the western border of Detroit. It is about 25 miles northeast of the center of Ann Arbor. Novi is located in Oakland County, one of the wealthiest counties in the country. The rapid growth has led to substantial increases in the city's population, as well as commercial and industrial developments in the city. Novi was ranked #48 on Money magazine's list of the Top 100 Best Places to Live in 2008. Novi's economy includes international corporations with local and regional offices as well as owner-operated businesses serving the local area. With over 3,000 businesses, Novi’s 31 square miles are packed with potential. Many car dealerships are located along Haggerty Road and Grand River Avenue. The city’s industrial and office parks are home to companies in high-tech research and development, health care, logistics, manufacturing, and domestic and foreign automotive-related suppliers. Energy-related companies are the fastest growing sectors in the city.